Russia Consumer Confidence Q2 2018

Russia: Consumer confidence unchanged in Q2

The consumer confidence indicator published by the Federal Statistics Service (Rosstat) was unchanged in Q2, coming in at Q1’s minus 8 points. Q1’s reading had marked the best result since Q3 2014. However, the index remains firmly entrenched below the 0-threshold, which indicates that pessimists outnumber optimists.

According to the survey, households were slightly more optimistic about the future economic situation in Russia, however, assessed their current personal financial situation less optimistically.

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